Ev Dynamics is Commissioned to Build Hong Kong’s First Accessible Electric Bus

Jun 20, 2022 | Business

Ev Dynamics (Holdings) Limited (the “Company”, Stock Code: 476, together with its subsidiaries, collectively “Ev Dynamics” or the “Group”), a provider of new energy vehicles and integrated technology solutions, has received another purchase order from the Hong Kong Productivity Council to deliver a pure electric bus for use by a Hong Kong non-governmental organisation (“NGO”), which follows the Council’s earlier order of electric buses for the Airport Authority Hong Kong and the Hong Kong Anti-Cancer Society.
Developed by the Group under a new purchase agreement with the Hong Kong Productivity Council, the electric bus boasts a light aluminium alloy body structure with a highly efficient traction motor system, complemented by a full load-bearing electric bus chassis, high energy density batteries that ensure extended stable power output, and other innovative technological features. Moreover, the vehicle is set to be the first socially inclusive electric bus in Hong Kong, having been specifically designed to be accessible to seniors and those with disabilities, with features such as an extra-low platform for easy accessibility and enough space to house up to 33 regular seats and two wheelchairs. It also boasts the unique advantages of a relatively low weight and low energy consumption, making it a cost-efficient and sustainable transport solution.

Subject to type approval, inspection and registration granted by the Transport Department, the Group expects delivery to be completed together with an EV charger installation project located next to the NGO’s service centre in Tai Po by the end of next year, and will continue to provide quality after-sales maintenance and repair services to the end-user NGO.

Miguel Valldecabres Polop, CEO of Ev Dynamics said, “We are always proud and excited when our products are brought to the public. In the past year, we have been expanding our global reach in the international electric vehicle market, especially in high-growth areas such as Europe, Latin America and Asia, but we are especially honoured to have received an order from our home market of Hong Kong. The pure electric bus showcases the Group’s most innovative technological and product advantages, boasting zero emissions, reliable operation and sustainable design systems that will help to realise green targets related to the reduction of roadside air and noise pollution. The bus is also designed to be accessible to all members of society, including seniors and those with impaired mobility who may face obstacles when riding public transportation on a regular basis. We expect it to set the standard for energy efficient public transport, as the future of transport lies in electromobility, as well as further Ev Dynamics’ market expansion in the local market.”

About Ev Dynamics (Holdings) Limited (Stock Code: 476)
Ev Dynamics (Holdings) Limited is a pioneer and prominent player in China’s new energy commercial vehicles market, as well as a whole-vehicle manufacturer of specialty passenger vehicles and new energy passenger vehicles. It is an integrated driving and logistics solutions provider with a solid technological foundation in diverse areas including new energy platform power systems and their key components. The Group has a production base in Chongqing, boasts extensive domestic and overseas sales networks, and focuses on serving high-growth markets in Southeast Asia, Europe and Latin America.

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Website: www.sprg.com.hk






Topic: Press release summary

Ev Dynamics Selected to Supply Electric Light Buses to a Government Sustainable Public Mobility Pilot Scheme

May 12, 2022 | Business

Ev Dynamics (Holdings) Limited (the “Company”, Stock Code: 476, together with its subsidiaries, collectively “Ev Dynamics” or the “Group”), a provider of new energy vehicles and integrated technology solutions, has been selected by the Hong Kong SAR Government as a prequalified supplier of electric public light buses for a sustainable public mobility pilot scheme the Environmental Protection Department plans to launch in 2023. The selected APEX-MINI model which showcases the Group’s outstanding technological and product advantages will help promote energy-efficient public transport in the city as well as Ev Dynamics’ products to various markets.
The fast-charging APEX-MINI is powered by high-performance lithium-titanate (LTO) batteries and uses OppCharge, a top-down pantograph interface that complies with related European Union standards for charging electric vehicles. The 7-meter 19-seat pure electric minibus can run 45 kilometers after only 15- minute charging with the OppCharger pantograph installed by the Government at the public transport interchanges. With an extra-low platform, the electric minibus is easy to board for seniors and people with disabilities.

Subject to the type approval of the Transport Department and independent assessor certification, the Group will actively match the operational needs of the pilot scheme in putting the APEX-MINI to use and set up an after-sale service center to provide maintenance and repair services for the minibusses, if succeeded.

Miguel Valldecabres Polop, CEO of Ev Dynamics said, “We are excited to introduce our APEX-MINI to public-use platforms. The model prides smooth operation, high safety and zero-emission, thus can help reduce roadside air and noise pollution. And our capable service teams can ensure the reliability and efficiency of our products including the APEX-MINI in Hong Kong at all times. We are confident of our electric minibusses gaining acceptance of society at large and see a wide scope of potential applications for them. Affording excellent technological advantages and product quality, we will continue to offer various markets clean, silent, and energy-efficient public transport to help them achieve electromobility.”

About Ev Dynamics (Holdings) Limited (Stock Code: 476)
Ev Dynamics (Holdings) Limited is a pioneer and prominent player in China’s new energy commercial vehicles market, as well as a whole-vehicle manufacturer of specialty passenger vehicles and new energy passenger vehicles. It is an integrated driving and logistics solutions provider with a solid technological foundation in diverse areas including new energy platform power systems and their key components. The Group has a production base in Chongqing, boasts extensive domestic and overseas sales networks, and focuses on serving high-growth markets in Southeast Asia, Europe and Latin America.






Topic: Press release summary

Ev Dynamics Delivers 40 Customized 7.5-Meter Electric Vans to Europe

May 5, 2022 | Business

Ev Dynamics (Holdings) Limited (the “Company”, Stock Code: 476, together with its subsidiaries, collectively “Ev Dynamics” or the “Group”), a provider of new energy vehicles and integrated technology solutions, sets to deliver 40 custom-made 7.5-meter electric vans to Europe this year.
In line with its unique value-added business approach, Ev Dynamics customizes and develops a cabin-chassis to which customers can install compartment and do fitting on top of it according to their needs. The electric vans will be transformed into electric school buses that fit in with plans in Spain to expand her sustainable public and urban transport network.

“This particular customer in Spain was sourcing for an EV solution as part of their plans to launch greener and more energy-efficient school buses. Ev Dynamics hence custom-developed an electric vehicle light-weight and low-power consuming, which we believe will be a welcomed choice with demand for more sustainable urban mobility climbing,” said Miguel Valldecabres Polop, CEO of Ev Dynamics.

Ev Dynamics is equipped for and ready to take its tailor-made approach on new energy vehicle solutions worldwide, especially to high-growth European and Latin American electric vehicle markets. It has delivered very recently to a major customer in Mexico.

Miguel Valldecabres Polop continued: “We have been focused on promoting our value-added business approach to foster business in high-growth EV markets in the past year. There is a massive market demand for customized new energy vehicles in Europe, yet not many companies are able to provide and deliver tailor-to-needs solutions to last-mile delivery platforms. That is where Ev Dynamics comes in, as we have proven ability to satisfy those customer needs.”

About Ev Dynamics (Holdings) Limited (Stock Code: 476)
Ev Dynamics (Holdings) Limited is a pioneer and prominent player in China’s new energy commercial vehicles market, as well as a whole-vehicle manufacturer of specialty passenger vehicles and new energy passenger vehicles. It is an integrated driving and logistics solutions provider with a solid technological foundation in diverse areas including new energy platform power systems and their key components. The Group has a production base in Chongqing, boasts extensive domestic and overseas sales networks, and focuses on serving high-growth markets in Southeast Asia, Europe and Latin America.






Topic: Press release summary

General Dynamics Land Systems Adds GM Defense to Team for OMFV Competition

Feb 21, 2022 | Business

Collaboration bolsters bid for U.S. Army’s Optionally Manned Fighting Vehicle

STERLING HEIGHTS, Mich.  – WEBWIRE –



General Dynamics Land Systems, a global leader in innovative technology and next-generation ground combat solutions, announced today that GM Defense, a subsidiary of General Motors, is joining its project team for the U.S. Army’s Optionally Manned Fighting Vehicle (OMFV) competition.


“Our team continues to grow stronger and gain momentum as we aggressively push to provide this important capability for the Army,” said Don Kotchman, General Dynamics Land Systems vice president and general manager of U.S. Operations. “This collaboration with commercial powerhouse GM Defense brings together world-class capabilities from both companies to meet the future needs of the U.S. Soldier operating in a multidomain environment.”


Aligned with the Army’s phased philosophy for the OMFV competition, General Dynamics Land Systems has implemented digital engineering processes, artificial intelligence and modular open electronic architecture into its concept for the program.


“We’re very excited to be joining General Dynamics Land Systems’ established and highly experienced OMFV program team,” said Steve duMont, president of GM Defense. “I see tremendous synergies as we seek to leverage our core capabilities in integrated vehicles, power and propulsion and mobility and autonomy to support the OMFV program. We look forward to collaborating with a great company such as General Dynamics Land Systems, as we combine and leverage our advanced technologies, digital design expertise and manufacturing scale to help produce the most capable infantry fighting vehicle for the U.S. Army warfighter.”


GM Defense joins AeroVironment, Applied Intuition and General Dynamics Mission Systems as core members of General Dynamics Land Systems’ OMFV team.


About General Dynamics Land Systems

Land Systems is a business unit of General Dynamics (NYSE: GD). General Dynamics Land Systems provides innovative design, engineering, technology, production and full life-cycle support for land combat vehicles around the globe. The company’s extensive experience, customer-first focus and seasoned supply chain network provide unmatched capabilities to the U.S. military and its allies. More information about General Dynamics Land Systems is available at www.gdls.com.


About GM Defense LLC

GM Defense delivers integrated vehicles, power & propulsion, and mobility & autonomy solutions to global defense, security, and government markets. The exceptional reliability of GM Defense’s technologies results from decades of proven performance and billions of dollars spent in independent research and development by its parent, General Motors, a world leader in global design, engineering and manufacturing capabilities. For more information, please visit www.gmdefensellc.com.

Ev Dynamics Strengthens Presence in EV Market with Proposed Nasdaq Listing

Dec 23, 2021 | Business

Ev Dynamics (Holdings) Limited (the “Company”, Stock Code: 476, together with its subsidiaries, collectively “Ev Dynamics” or the “Group”), a provider of new energy vehicles and integrated technology solutions, continues to expand its international development strategy following the submission of a draft registration statement on Form F-1 with the United States Securities and Exchange Commission (“SEC”) for confidential review in relation to its proposed offering of American depositary shares in the United States.
Mr. Miguel Valldecabres Polop, CEO of Ev Dynamics, said, “We are delighted with the proposed Nasdaq listing as it represents another step forward in the expansion of our global business and will help to solidify our status as a strong player in the global electric vehicle (“EV”) market. We not only have an expert international management team and solid international investors, but also an increasingly widespread global market reach. We expect the proposed listing will be an attractive opportunity to drive greater market participation and liquidity for our shareholders, increase the size of our U.S. retail and institutional investor base, and ultimately enrich shareholder value over the near to long term.”

Ev Dynamics has an established global distribution network and has secured orders from markets in Asia, Europe, and the Americas. It has recently entered the growing North American market with an innovative solution for manufacturers of EV buses, coaches, trucks and vans. The B2B solution offers Ev Dynamics’ proprietary e-platform chassis which has been specifically designed to cater to the rapid development of electric and hydrogen vehicles. The platform is a complete rolling chassis that houses the drivetrain, battery or hydrogen fuel cell, and vehicle control unit.

“Our turn-key solutions limit the development costs and regulatory approvals required to establish new vehicle designs and a specialized NEV manufacturing facility,” added Mr. Valldecabres Polop. “We are finding this approach to be especially valuable to manufacturers of small buses and delivery vans operating in emerging markets. With our lower cost and faster-to-market approach, we expect to establish Ev Dynamics as a world leader in this high-growth market segment.”

During the years, Ev Dynamics completed part of the orders to the Philippines of the 500 COMET electric minibuses under a long-term supply agreement with GET Worldwide.

Ev Dynamics’ 12-meter E-Bus recently passed two key certifications that have paved the way for entry into the European market. An initial shipment of these E-Buses have arrived Munich, Germany, where they will serve as demonstration units for potential European customers. The Group has also established a pipeline of partnerships and manufacturing agreements worldwide, including a major investment in Quantron AG (Germany).

The Ev Dynamics management team, meanwhile, has accumulated years of experience and prowess in corporate management and investments in the PRC and abroad. The Group also has a team of international advisors comprising automobile marketing, investment and funding experts to support its growth strategy in the global market. Among more recent developments, Colombian entrepreneur Mr. Frank Kanayet Yepes has increased his shareholding in the Company’s shares to 3%, adding to his first investment made earlier this year. Other prominent investors include Malaysian entrepreneur Dato Sri Johann Young and Aboitiz Equity Ventures CEO Mr. Endika Aboitiz.

The terms of the proposed offering, including offering size and price range, have not yet been finalized. The timing of the proposed Nasdaq listing is also subject to market and other conditions and the SEC’s review process. The Company will continue to maintain the listing of its shares on the Stock Exchange of Hong Kong.

About Ev Dynamics (Holdings) Limited (Stock Code: 476)
Ev Dynamics is a pioneer and prominent player in China’s new energy commercial vehicles market, as well as a whole-vehicle manufacturer of specialty vehicles and new energy passenger vehicles. It is an integrated driving and logistics solutions provider with a solid technological foundation in diverse areas including new energy platform power systems and their key components. It has a production base in Chongqing and has developed its sales network in China, Hong Kong, Asia Pacific and South America.

Media Enquiry
Strategic Financial Relations Limited
Phoebe Leung +852 2114 4172 phoebe.leung@sprg.com.hk
Brigid Lee +852 2114 4313 brigid.lee@sprg.com.hk
Website: www.sprg.com.hk






Topic: Press release summary